Thursday, December 3, 2015

The unstoppable rise of Asia’s most exclusive property market

The unstoppable rise of Asia’s most exclusive property market

A junk sails across Victoria HarbourThey may be on opposite sides of the globe, but Hong Kong and New York City bear many similarities. In common with the Big Apple, Hong Kong’s commercial, financial, and social nerve centre is an island that occupies only around a tenth of its total territory. If Hong Kong Island is its Manhattan, then its outer boroughs are Kowloon and the New Territories – occupying the peninsula that extends down from the Chinese mainland – and the more sparsely populated outlying islands.By Nash Jenkins